Tapai Group said in a conference call on August 11 that due to the recent heavy rainfall and typhoon weather in Guangdong, which affected construction, the price of cement in the Pearl River Delta market slowly declined after rising in mid-July, and prices in the eastern Guangdong market were relatively stable after the price increase in mid-July. Currently, prices are at a phased bottom, and the probability of further decline is very small. On the one hand, rising coal prices are driving cost pressure; on the other hand, most companies in the industry are seriously losing money and are more willing to save themselves. Whether prices can increase in the second half of the year mainly depends on the recovery of real demand brought about by improved weather after September, the execution of production according to approved production capacity, and whether the industry's sense of self-discipline in false peak production can be strengthened.

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